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Search Results 0 to 49 of about 79 (some duplicates have been removed)
trillion a tax cut. what i have said is i won't put in place a tax cut that adds to the deficit. middle-income americans have seen their income come down by $4,300. this is a tax in and of itself. i'll call it the economy tax. it's been crushing. >> question. why did president obama seem thrown off balance? did he underestimate governor romney, pat buchanan? >> he certainly d. governor romney performed better on substance than any candidate in any presidential debate in history. reagan would have beaten him in style in 1980 but on substance i've never seen anybody better prepared than governor romney. he was on of fence. the real question, why did barack obama, the president, do so badly. john, he didn't come prepared for what he found there. he seemed difident, almost disinterested, sour. when they had the two pictures together he was looking down at his notes and the governor was talking to him as if he was lecturing him. some say he's lost his enthusiasm for the battle. he looked like he was weary of the job. i think it may have been something to do with him having been out on the ro
or explode the deficit. > deficit. >> reporter: what you're saying it it is unrealistic-- >> i'm saying it's impossible, not unrealistic. >> when president obama said in 2008 i'm going to cut the deficit in half, i'm going to close guilt me, people-- gitmo, people said-- did not sigh he was not telling the truth. >> closing gitmo involved congress and he couldn't get them to do that. the math, people over $200,000, and you still have a trillions of dollars hole, and he hasn't named the deductions he would close. this is a shell game, john. whichever shell you pick up, the middle class loses. the economy will lose, and i think that this is going to catch up with him. >> schieffer: what did the president think of his performance? >> i think the president understands-- you know, the president is his harshest critic, and without getting into detail, i think you can assume he has reviewed the tape and it will inform how he handles these subsequent debates. >> schieffer: do you think he was ill prepared. some are saying it was the people who prepared him. you were in the room. >> i was one of th
into record deficits under george bush is because we put two wars and two tax cuts on a credit card. and now governor romney wants another $5 trillion in tax cuts that he can't pay for? not if i have anything to say about it. that's not going to happen. [applause] we are not going to let this country fall backward. not now. not with so much at stake. we've got to move forward. we need to invest in small business and manufacturers who create jobs here in the united states. we need to recruit 100,000 math and science teachers, train two million workers at community college, bring down the cost of college tuition. we need to -- [cheers and applause] we need to cut our oil imports in half. create thousands more jobs in clean energy. we need to use the savings from ending the wars in iraq and afghanistan to help pay down our deficit and put people back to work doing some nation building right here at home. that's the agenda we need. that's how you strengthen the middle class. that's how you keep moving forward. that's the choice in this election. and that's why i'm running for a second term. that
, the problem of running deficits and accumulating greater debt, that the country had a budget deficit, a trade deficit, a balance of payments deficit, and the fourth one you brought up was a leadership deficit. >> leadership is the greatest. >> can i ask you both, describe what is the problem with what appears to be in your mind a leadership deficit, that we're not getting the leadership on this key issue either from this president or past presidents, this congress or pass congresses/ what does it take to get elected officials to tackle at an issue, increasing their taxes? >> let's start with the families. they will get their attention. the voters have to understand all this, which they did not, and voters need to understand what we have to do to get all this corrected, and they do not. if we ever get that over to the voters, they will vote for the people who are geared up, ready, and know how to do it and are running on that basis, and then we can change this country forever and get us back to where we used to be when i was a boy in the depression. why schoolteachers and would have been docto
eisenhower's progressive conservative. he believed largely in a balanced budget and he was against deficit spending but he also believed the government had a positive role to play. the interstate highway system, which eisenhower -- which was eisenhower's brainchild. [applause] more money was spent on the intraday -- interstate highway system than the new deal from 1839 to 18 to 41 with zero impact on the budget because it was paid for through gasoline taxes. [applause] thethe st. lawrence seaway connecting the great lakes, opening the great lakes to traffic again had been on the drawing board since the administration of theodore roosevelt and eisenhower -- eisenhower took, assumed the presidency in a time of mccarthyism and incredible communist witchhunt. he did it as he did so many things in the background. it was eisenhower orchestrated the army's response in the army mccarthy hearings. i'm not going to get into a contest but that stunk. and when it was over mccarthy had him vanquished but i think it was the desegregation issue perhaps in which eisenhower most often underestimated. presi
this deficit. and governor dukakis has been able to cut the deficit ten budgets in a row in the state of massachusetts. while he lowered the tax burden on the people from one of the highest to one of the law were in the united states. that is a major sense of achievement and i admire that and i'm just delighted to be on the ticket with him. governor dukakis and i agree that we ought to have a trade policy for this country. but we've seen this administration more than double the national debt, that they've moved this country from the number one lender nation in the world to the number one destination in the world under their administration. they have not had a faith policy committee of let trade be a handmaiden for the policy objectives of the country. that this country has exported to many jobs and not enough profits. and as i work to pass a trade bill through the united states senate, through roadblocks every step of the way but we passed a trade bill that any country that has full access to the markets we are entitled to full access to their markets. now that means that we are going
independent. help people who are hurting get the skills they need to get the jobs they want. get the deficit under control. make trade work for america, and champion small businesses. don't raise taxes on small businesses because they are our job creators. he talks about detroit. mitt romney is a car guy. let me tell you about the mitt romney i know. this is a guy who i was talking to a family in massachusetts the other day, cheryl and mark nixon. their kids were hit in a car crash, four of them two of them rob and reid were paralyzed them. the romneys didn't know them. he asked if he could come over at christmas. he brought his boys and gifts. he said i know you are struggling don't worry about their college, i'll pay for it. mitt romney doesn't tell these stories. when the nixons told this story it was that he gave his time. mitt romney is a good man. he cares about 100% of americans in this country. and with respect to the quote, i think the vice president very well knows that sometimes the words don't come out of your mouth the right way. [ laughter ] >> biden: but i alwa
will do little to cut the deficit. >> somebody is finally getting tough on big bird. rounding him up. elmo's got to watch out too. >> reporter: but elmo is not tickled. sesame street's producers released a statement saying it's not taking sides adding we have approved no campaign ads and as is our general practice, have requested that the ad be taken down. republicans are now calling it the big bird backfire. >> i just find it troubling that the president's message -- the president's focus 28 days from election day is big bird. >> reporter: romney's advisors say it's a surprising tactic given what then-senator obama said in his convention speech in 2008. >> if you don't have a record to run on, then you paint your opponent as someone people should run from. you make a big election about small things. >> reporter: the romney campaign also believes the candidate is connecting better with voters. here getting choked up talking about navy seal glenn dougherty who died in a consulate attack in libya, a man romney said he once met. >> you can imagine how i felt when i found out that he was one o
money, at some point something bad happens. >> 180% of gdp, their deficit. we're 9%. so always a good idea to spend more money than you're take manage to try to get out of a recession. that's where you're at right now. so what you're doing is a government telling you that there will be inflation, we're going to keep interest rates very low. what that does, it encourages corporations to invest. the corporation sitting there with $2 trillion on their balance sheets and what they have to do, they have to invest to create jobs. the government is saying you can leave it there and wait for a disaster, but if you do, it will go down in value 4% every year and, therefore, encourage people to lower the dollar. that makes products worth more. so we're trying to encourage people to build products and plants. >> we had lloyd blankfein and simpson and bowles talking about the fiscal cliff. this is what lloyd blankfein had to say. >> i'd be a buyer of the market. goldman sachs would -- we not only value company, we're a company ourselves. we would be assuming that our business would grow, that comp
? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. >>> their ideas are old and their ideas are bad and they eliminate the guarantee of medicare. >> here's the problem. they got caught with the hands in the cookie jar taking it out for obama care. >> those are great sound bite, but how do we get to the truth in those comments. paul ryan stuck by his proposals at the debate last night. only he said, partially privatizing medicare will not turn into a vo
claimed that you can reduce our deficit through tax increases alone. he's never said that. the president and vice president have said we need to take the ballad propose, using the kind of frachlwork that bipartisan groups have suggested. whereas republicans have been very clear not one more penny, even from people like mitt romney to reduce the deficit. so our point isn't that you can increase taxes on wealthier people, and do the whole thing on the deficit. our point of review is that they should be asked to contribute a little more. go back to paying what they were in the clinton administration, when the economy was roaring. that's what we're saying. we support a combination of additional targeted cuts. but also revenue for folks who are doing very well to help reduce the deficit. because if you don't have one penny more from very wealthy people it means you sock it to everybody else. seniors on medicare pay more. less investment in our kids' education. and that's exactly the romney/ryan budget does. itzhaks it to the middle class and seniors, in order to give these tax breaks to very
.s. >>shepard: specifics? >>guest: he is hailed as a deficit hawk but his own budget doesn't balance until 2040. the olson tws wll b 5 b eme is balanced. >> if you taking youroney, who do you give it to? joe biden and president obama or ryan and ey? ep bon t opant specifics? >>guest: what they --. >>shepard: you are saying you ll not mess with the deficit but you are not adding more tax money. if you don't add more money, how does it wor tabo.eaire >> stimulating the economy, the president has not laid out his plan and they are saying, why doesn't governor romney lay out hisplan. he has done it over and ovend h tedutcug rd >> i would rr ben t side of momentum. >> if you are driving across the country and you say you will do it in 15 years can you not do that unless you speed. that is what mitt romney is sayi >>shd:y saey ll tutit h ld. stands to reason that the american people would go, you should tell us how but they are not going to. >>guest: i think we will hear it from the vice predent. wdov il >>shepard: all right guys, john, john, everyone is john today. we will be in kentucky tomorrow.
am neil cavuto. we just found out today that we have another trillion dollar deficit the fourth year running. it could've been worse. we also found out that the federal government bailout program in the wake of the 2008 financial crisis was $24 billion. alas, that is down from $32 billion. by my count on both counts, we are still do for the count. crazy me. i want a lot of answers to all of these loony financial questions. how will we avoid this looming trn looming train wreck? what we do to ease ourselves back from this financial cliff? not a word on any of this from the vice president or the guy that wants to be vice president. no mention of the great unmentionable and what cou single-handedly trigger another recession. that is why tomorrow we want answers. allow me to break from all things convention and all things hot air and focus on something that is pathetic. washington's ongoing difference to a calamity. it could cost millions of jobs and high taxes on millions of poor families. the issue isn't whether or not i think this is a big deal, my friends. it is why this late in the
for the economy. another important element is a private set her deficit. wow, another important reform has been to put into the constitution, a financial stability law, that means that the government is going to be more able to meet their objectives and to put a degree on the expand says and the deficit of the regional suspense, which is part of the issue because the expenditures from the central government, another part of the government in which you have tools in order to make them comply with your objectives. at the government has proper tools. and in the process of the fiscal situation as we see in this chart, we have a totally out-of-control deficits in the year 2009 with a deficit exceeding 11% of the gdp and now we are to reducing the step thursday of the very important issue and what the markets wonder if the capacity of the government to get to the 6.3%. there is a degree in the market and the capacity, but the government is confident that she can get this figure and i think it would be a very important message for the market. if it's able to comply with the objective of direction and
deficits i'd say good for you, and back him on that, but i can't trust him. >> grover, i tried. i'll give you the last word. 20 seconds, grover. what's your last response? >> the difference, romney and ryan are going to take less spending and lower taxes, and that's better for the economy. >> music to my ears, grover norquist, but it is always great to welcome back dean baker to this program. thanks very much. >> thanks, larry. >> late err on, the white house forced to face their cover-up lies about benghazi gate. vice president joe biden goes on the record before millions of people at tonight's debate. also, is the administration lying to us about the benghazi terror attack? tweet us right no now @thekudlowreport, all one record, #kudlow. we will read your tweets on the air when we come back. don't forget, free market capitalism is the best path to prosperity. nowy what? paul ryan is going to carry free market capitalism in tonight's debate. you all wait and see. that's my prediction. i'm kudlow. we'll be right back. [ male announcer ] the 2013 smart comes with 8 airbags, a crash managem
of $3 trillion in deficit reductions, which is some combination of tax revenue and spending cuts. therein lies the problem. we have a situation where democrats have been loath to to target the deep spending cuts to domestic programs an impediment programs that would be needed to cut a deal, -- entitlement programs that would be needed to cut a deal, and republicans are loath to consider the idea of any sort of new tax revenue that could be added to the picture. so, how do you put this deal together in no way that makes a policy sense, but also would satisfy the political differences on either side? it really is difficult. if you look to the projections, people say if we do not do anything, this would be great for the nation put the deficit, because tax revenues would automatically go up, spending would go down, and our national deficit would nearly be cut in half. that is a great outcome. yes, it is, but the other hand, the economy, which is in a fragile state, would decline, and we've seen projections of a 0.5% reduction in gdp growth which experts say would put the economy in a
. >> it is an alluring prospect to cut taxes on the wealthiest people, reduce the deficit, but the mass dictates you cannot have it all. the arithmetic, as president clinton said. the reality is, any path forward that promises to cut rates will fail to reduce the deficit or fail to protect the middle class from a net tax increase. you can at most achieve two of these goals. anyone pushing a plan purporting to accomplish all three is not telling the truth. the sooner we are honest with ourselves about this, the easier it will be to negotiate an actual compromise on taxes and on deficit reduction. host: senator charles schumer, democrat, new york, yesterday, talking about these negotiations on the so-called fiscal cliff. the gang of eight is trying to come up with some alternative plan to address that. we're spending a couple more minutes here, one or two more phone calls about the supreme court hearing the affirmative action case. they are going to release the audio of the arguments on friday after 1:00 p.m. we will put that up and air that on friday. go to c-span.org for more details about when all
where we can compromise and come to the middle and we must do that. we have a huge deficit and like i said earlier, a little amnesia how we got there but we are there and we have to deal with this. it's a must do and for the good of the country and same as senator, as tom, excuse me. i didn't mean to relegate you to senator. but i have children and grandchildren and we have got to do some things right for the future of this country. it's a privilege for us, all of us in this country. >> moderator: along those same lines congress and boswell what is the most important things that you think, the most important thing congress can do that would stimulate job growth or lift the overall economy? boswell: right now we are an agriculture stated we are much more. we are certainly in agriculture state and we don't have a farm bill. it comes up every five years and it's very important to iowa and all of the crop bearing fire for producing states in the middle was an across the country. we have to have a farm bill and there have been political posturing. the speaker -- mr. latham's best friend i'
the city's $300 million budget deficit without raising taxes and fees this year. in his annual budget speech, emanuel took aim at chicago's pensions, warning that without reform, the city could raise property taxes in the future by as much as 150%. that is tough news. >> that is tough sledding. in "the wall street journal," the deaths of four americans on the attack on the consulate in benghazi sparked political fighting during hearings on capitol hill yesterday. security officials charged with protecting the compound testified that requests to keep an american military team in libya were denied. and that protection was cut in the weeks leading up to the deadly assault. >> we were fighting a losing battle. we couldn't even keep what we had. we were not even allowed to keep what we had. >> it was abundantly clear, we were not going to get resources until the aftermath of an incident. >> this story is going to just grow. and it's looking very, very bad for the administration and the decisions that were made to cut security there. state department officials have said that keeping the tea
policy speech with no specifics, just big promises, and the same thing on the deficit and taxes. i'm going to get rid of the deficit, give you tax breaks, without talking about anything specific except, of course, big bird. >> yeah. and what -- it's important to note, you are a master of parody and comedy, the form as it were. sesame workshop has responded to big bird ad. >> official response. >> this qualifies as breaking news. >> i always knew snuff love gus was a republican but -- >> how dare you claim not to be liberals with all your brainwashing. i know how to count because of sesame street because they brainwash. >> let's not denigrate the importance of sesame street to early childhood education and the role it plans. to john's point, this is kind of -- we have serious issues at hand. >> exactly. >> and the chock is ticking. >> feel like i want to bring in mr. rogers and talk about my feel approximationp we should be talking about education and infrastructure, it is a tiny number but representative of something larger. >> two things to say about this ad, only one good thing,
. >> tough choices, to reduce the deficit. and we need revenue in order to get that done. and we're going to have to ask millionaires and billionaires to do their fair share in order to get that done. but he refuses to saddle seniors and the middle class with that entire burden. >> but you're defining middle class in this press release -- as people earning between 100 and $200,000 a year. >> well, that's not where we established the baseline. the president has said that if you make $250,000 or less, that your taxes shouldn't go up. that's where we've set the bar. >> all right. well, we will leave it there. thank you very much, ben le bolt, appreciate your taking the time. i would like to get that little sharpie version. of your press release. >>> all right. well, you may think we're obsessing over a number, this $5 trillion versus $1 trillion. but the reason we're doing it, we don't think it's just a number. it goes to the heart of whether president obama stays in the white house. and that is because of what ben le bolt was saying. that number is about whether you're for the middle class
budget office announced the 2012 budget deficit came in at $11 trillion for a fourth straight year, turns out our out of control spending includes roughly $450 million given every year to the corporation for public broadcasting, $8 million of that going to, that's right, sesame workshop and big bird. it appears easy to dismiss millions of dollars when the government faces trillion of dollars in debt. the left may be cute with a call to end funding for public broadcasting, but here's the homework the left should have done before they and president obama began their reflective aattacks. they are $388 million in assets now. in merchandise sales alone, it brought in $45 million, five times what it received in government grants. that little cute sesame workshop turns out to be a moneymaker producing hundreds of millions of dollars. we take all of that up tonight with former george bush senior adviser carl rove, and as well, the unemployment rate fallg to 7.8%, employers adding just 114,000 jobs. we're talking about that, and, yes, big bird too with the congressional budget office with douglas
at the same time they're lecturing people about the deficit. we need to deal with the deficit and the folks at the very top should go back to paying the same rate they did during the clinton administration. when we had 20 million jobs created and the economy was doing great. so i thought this was a great night in exposing the really clear choice for the american people. you've got one guy who comes from scranton, pennsylvania. he's a fighter for the middle class. his policies back him up. you have another ticket that discovered the expression middle class in the last six months on the campaign trail. that was really clear. >> congressman chris van hollen of maryland. thank you very much for joining us tonight, sir. we know you're busy and a lot yet do. good luck winding down from being paul ryan, sir. i will say what you just saw there from congressman chris van hollen if you contrast that with us talking to david plouffe last week after the presidential debate and see the sort of democratic buoyancy out of this, what everybody said going into this was the democrats were looking for somethi
have. i heard mitt romney say, talking about, again, i won't pass a tax cut that raises the deficit. that sounds pretty much like the romney doctrine to me. that's what i took away from that debate. and they can have that debate if they want to, but, again, i think a lot of people are listening for the first time. and if mitt romney did move to the center, well, i think that's probably pretty good general election strategy. >> and did he answer any questions about how he would do all this? and what loophole he would cut? how he would reduce the deficit? by when? did anyone ask? >> i mean, there's two components to his tax reform plan. one is a huge tax cut, which is going to add up to $5 trillion. and the other is to pay for it. so he's been explicit about one part, which is the tax cut. he hasn't been detailed about the last part. but obama never pressed him on this. that's your point. these are 90-minute forums, they're highly intense. >> you just did it, mika, so why couldn't he? >> that's what i'm wondering. >> everybody out there, democrats were yelling at the camera. >> becaus
that governor romney has that would in their estimation, lead to a $5 trillion deficit, they are citing outside besides for that number. and romney says it will be compensated for by loopholes. how he will justify the cuts? where will those revenue sources be made up? >> even stephanie cutter admitted it is not a $5 trillion tax cut. we have a 20% tax cut across the board, no matter what income level you fall into. but for those people at the higher levels of income, what governor rom no is proposing is closing loopholes and dedux for those individuals that will ultimately make the entire budget revenue neutral. >> shannon: when will we find out what they are? >> when a budget is put together, when the budget committee puts forward a budget, they don't put forward a budget with every loophole and deduction and every single -- they have a couple of numbers, they say here's the top number, here's the bottom number. you go to the ways & means committee and i sit down with a burch of people and i figure out how to get a tax cut across the board and close the loopholes so the people at the higher le
, or the 49ers, are reacting to the same thing, they're both out of control. we have a deficit that is going to kill us. they're not minding the store. now, we come at it from two other spectrums, but they're the same issues, basically the same issues they're focused on. and when the tea party first came in. and i was at a rally down in arizona with a candidate on the first tax day, first april 15th after the tea party was founded. and there were people who were democrats, there were republicans, there were independents who were there rallying on the street. but when they got into the office, they started to morph over to the social issues, so as they have done that, i think the basic premise for the party is very right, frankly. we have got to get serious about these issues. >> president reagan said famously he didn't leave the democratic party, the democratic party left him. do you feel that members of the gop feel that way? do you feel that way? >> oh, i know people feel that way. and i'm certainly verging on that. the party that i saw at the convention when you looked at the clips that -
. mitt romney said cutting funding to pbs would be one element of his plan to shrink the deficit. look at this ad that the obama campaign came out with today. john? >> bernie madoff, ken lay, kozlowski, criminals, glutens of greed and the evil genius who towered over them? one man has the guts to speak his name. >> big bird. >> big bird. >> big bird. >> it's me, big bird. >> big, yellow, a menace to our economy. mitt romney knows it's not wall street you have to worry about, it's sesame street. >> i'm going to stop the subsidy to pbs. >> mitt romney taking on the enemy no matter where they nest. >> this is risky for the obama campaign. they're campaign has been criticized about being about small things. we'll see if this could be a backfire. the campaign tells me this ad is running only on national broadcast and cable. it's not running in swing states. i'm interested to see how much money is behind this ad or if this is just an attempt to get the chattering classes like us -- >> on the one hand it is small, every time i see it, i laugh. it is genuinely humorous and funny. all swing sta
top credit rating. what are we doing to get it back? the federal deficit has hit $1.1 trillion now for fiscal 2012. this is the fourth year in a row. that won't help us, that's for sure. our fourth story, developing story, two suspects from tunisia are being questioned tonight in connection with the murders of chris stevens and three other americans. jill daugherty has been digging into the story and is with us tonight. >> well, on this particular incident, we don't know a whole lot of detail, but we know those two men, they are being questioned in turkey. and the understanding is that they were somehow allegedly tied to the attack in libya. now, they were on the watch list that the u.s. compiled. that was given to the turks and the turks picked them up, apparently came into the country this week and the fbi is hoping they will have some type of access to them. >> questioned them already, but would like to have a chance to. >> right. >> there was also another development today in this investigation. this e-mail between the state department and the team benghazi surfaced. what do we
Search Results 0 to 49 of about 79 (some duplicates have been removed)